Failure to Procure Insurance. If Tenant fails to procure insurance required under this Paragraph or fails to maintain the same in full force and effect continuously during the Term, Landlord shall be entitled to procure the same and Tenant shall immediately reimburse Landlord for such premium expense as additional Rent.
Appears in 6 contracts
Samples: Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.)
Failure to Procure Insurance. If Tenant fails to procure insurance required under this Paragraph or fails to maintain the same in full force and effect continuously during the Term, Landlord shall be entitled to procure the same and Tenant shall immediately reimburse Landlord for such premium expense as additional Additional Rent.
Appears in 4 contracts
Samples: Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.)
Failure to Procure Insurance. If Tenant fails to procure insurance required under this Paragraph Article or fails to maintain the same in full force and effect continuously during the Term, Landlord shall be entitled to procure the same and Tenant shall immediately reimburse Landlord for such premium expense as additional Rentrent.
Appears in 3 contracts
Samples: Lease Agreement (Mar Mar Realty Trust), Lease Agreement (Mar Mar Realty Trust), Lease Agreement (Sonic Automotive Inc)
Failure to Procure Insurance. If In the event Tenant fails shall fail to procure insurance required under this Paragraph or Lease, and fails to maintain the same in full force and effect continuously during the Term, Landlord shall be entitled to procure the same and Tenant shall immediately reimburse Landlord for such premium expense as additional RentAdditional Rent hereunder.
Appears in 2 contracts
Failure to Procure Insurance. If In the event Tenant fails shall fail to procure insurance required under this Paragraph or fails Article and fail to maintain the same in full force and effect continuously during the TermTerm of this Lease, Landlord shall be entitled to immediately procure the same and Tenant shall immediately reimburse Landlord for such premium expense as additional Additional Rent.
Appears in 2 contracts
Samples: Real Estate Purchase and Sale Contract, Lease Agreement (United Rentals Inc /De)
Failure to Procure Insurance. If In the event Tenant fails shall fail to procure insurance required under this Paragraph or fails Article and fail to maintain the same in full force and effect continuously during the TermTerm of this Lease, Landlord shall be entitled to procure (but not be obligated to procure) the same and Tenant shall immediately reimburse Landlord for such premium expense as additional Additional Rent. Further, Tenant's obligation to maintain the insurance hereunder shall not relieve Tenant of liability under the indemnity provisions of this Lease.
Appears in 2 contracts
Samples: Lease Agreement (CNL Hospitality Properties Inc), Lease Agreement (CNL Hospitality Properties Inc)
Failure to Procure Insurance. If Tenant fails to procure ---------------------------- insurance required under this Paragraph 17 or fails to maintain the same in full force and effect continuously during the Term, Landlord shall be entitled to procure the same and Tenant shall immediately reimburse Landlord for such premium expense as additional Rentrent.
Appears in 2 contracts
Samples: Lease Agreement (Capital Automotive Reit), Lease Agreement (Capital Automotive Reit)
Failure to Procure Insurance. If In the event Tenant fails shall fail to procure insurance required under this Paragraph or fails Article and fail to maintain the same in full force and effect continuously during the Term, Landlord shall be entitled to procure the same and Tenant shall immediately reimburse Landlord for such premium expense as additional Rentexpense.
Appears in 2 contracts
Samples: Lease Agreement, Center Lease Agreement (Pulse Evolution Corp)
Failure to Procure Insurance. If In the event Tenant fails shall fail to procure insurance required under this Paragraph or fails Article and fail to maintain the same in full force and effect continuously during the Termterm of this Lease, Landlord shall be entitled entitled, although not obligated, to procure the same and Tenant shall immediately reimburse Landlord for such premium expense as additional Additional Rent.
Appears in 1 contract
Samples: Ground Lease Agreement (CNL Retirement Properties Inc)
Failure to Procure Insurance. If Tenant fails to procure insurance required under this Paragraph 17 or fails to maintain the same in full force and effect continuously during the Term, Landlord shall be entitled to procure the same and Tenant shall immediately reimburse Landlord for such premium expense as additional Rentrent.
Appears in 1 contract
Failure to Procure Insurance. If In the event Tenant fails shall fail to procure insurance required under this Paragraph or fails Article and fail to maintain the same in full force and effect continuously during the TermTerm of this Lease, Landlord shall be entitled to immediately procure the same and Tenant shall immediately promptly reimburse Landlord for such premium expense as additional Additional Rent.
Appears in 1 contract
